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Customers Bank Named to Inc.’s 2024 Best in Business List in Financial Services Category

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Customers Bank, a subsidiary of Customers Bancorp (NYSE:CUBI) with over $21 billion in assets, has been named to Inc.'s 2024 Best in Business list in the Financial Services category. The recognition highlights the bank's exceptional franchise growth over the past 18 months in deposits and market expansion, along with its unique operating model and commitment to sound risk management.

The bank's business model focuses on delivering large financial institution products with superior service through a single point of contact system. Inc.'s Best in Business Awards recognize companies across various industries that have achieved significant milestones and demonstrated exceptional execution in areas such as customer expansion, product launches, and increased market share.

Customers Bank, una consociata di Customers Bancorp (NYSE:CUBI) con oltre 21 miliardi di dollari di attivi, è stata inserita nella lista Best in Business 2024 di Inc. nella categoria Servizi Finanziari. Questo riconoscimento mette in evidenza l'eccezionale crescita della banca negli ultimi 18 mesi in termini di depositi ed espansione di mercato, insieme al suo modello operativo unico e all'impegno per una gestione dei rischi sostenibile.

Il modello di business della banca si concentra sulla fornitura di prodotti per grandi istituzioni finanziarie con un servizio superiore tramite un sistema di punto di contatto unico. Gli Inc. Best in Business Awards riconoscono le aziende di vari settori che hanno raggiunto traguardi significativi e dimostrato un'eccezionale esecuzione in aree come l'espansione della clientela, il lancio di prodotti e l'aumento della quota di mercato.

Customers Bank, una subsidiaria de Customers Bancorp (NYSE:CUBI) con más de 21 mil millones de dólares en activos, ha sido nombrada en la lista Best in Business 2024 de Inc. en la categoría de Servicios Financieros. Este reconocimiento destaca el crecimiento excepcional de la franquicia del banco en los últimos 18 meses en depósitos y expansión de mercado, junto con su modelo operativo único y su compromiso con la gestión adecuada de riesgos.

El modelo de negocio del banco se centra en ofrecer productos de grandes instituciones financieras con un servicio superior a través de un sistema de punto de contacto único. Los Premios Best in Business de Inc. reconocen a empresas de diversas industrias que han logrado hitos significativos y demostrado una ejecución excepcional en áreas como la expansión de clientes, el lanzamiento de productos y el aumento de la cuota de mercado.

Customers Bank, Customers Bancorp (NYSE:CUBI)의 자회사로 자산이 210억 달러 이상인 이 은행이 Inc.의 2024년 Best in Business 리스트에 금융 서비스 부문으로 선정되었습니다. 이 인정을 통해 지난 18개월 동안의 예금과 시장 확장에서의 은행의 탁월한 프랜차이즈 성장과 독특한 운영 모델, 그리고 건전한 위험 관리에 대한 헌신이 강조됩니다.

은행의 비즈니스 모델은 단일 접점 시스템을 통해 대형 금융 기관 제품을 우수한 서비스로 제공하는 데 중점을 두고 있습니다. Inc.의 Best in Business Awards는 고객 확장, 제품 출시, 시장 점유율 증가와 같은 분야에서 중요한 이정표를 세우고 비범한 실행을 보여준 다양한 산업의 기업들을 인정합니다.

Customers Bank, une filiale de Customers Bancorp (NYSE:CUBI) avec plus de 21 milliards de dollars d'actifs, a été nommée sur la liste Best in Business 2024 d'Inc. dans la catégorie Services Financiers. Cette reconnaissance met en avant la croissance exceptionnelle de la banque au cours des 18 derniers mois en matière de dépôts et d'expansion du marché, ainsi que son modèle opérationnel unique et son engagement en faveur d'une gestion rigoureuse des risques.

Le modèle commercial de la banque vise à offrir des produits destinés aux grandes institutions financières avec un service supérieur via un système de point de contact unique. Les Inc. Best in Business Awards reconnaissent des entreprises de divers secteurs qui ont réalisé des jalons significatifs et ont démontré une exécution exceptionnelle dans des domaines tels que l'expansion de la clientèle, le lancement de produits et l'augmentation de parts de marché.

Customers Bank, eine Tochtergesellschaft von Customers Bancorp (NYSE:CUBI) mit über 21 Milliarden Dollar an Vermögenswerten, wurde in die Best in Business-Liste 2024 von Inc. in der Kategorie Finanzdienstleistungen aufgenommen. Diese Auszeichnung hebt das außergewöhnliche Wachstum der Bank in den letzten 18 Monaten in Bezug auf Einlagen und Markterweiterung sowie ihr einzigartiges Betriebsmodell und das Engagement für ein solides Risikomanagement hervor.

Das Geschäftsmodell der Bank konzentriert sich darauf, Produkte großer Finanzinstitute mit überlegenen Dienstleistungen über ein einzelnes Kontaktpunkt-System anzubieten. Die Best in Business Awards von Inc. erkennen Unternehmen aus verschiedenen Branchen an, die bedeutende Meilensteine erreicht und außergewöhnliche Leistungen in Bereichen wie Kundenerweiterung, Produkteinführungen und Marktanteilssteigerungen gezeigt haben.

Positive
  • Recognition in Inc.'s 2024 Best in Business list showcasing industry leadership
  • Significant franchise growth in deposits and market expansion over 18 months
  • Strong asset position with over $21 billion
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  • None.

Annual list recognizes industry-leading companies that are the best at what they do

WEST READING, Pa.--(BUSINESS WIRE)-- Customers Bank, the over $21 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), has been named to the Inc. 2024 Best in Business list in the Financial Services category. Inc.’s annual Best in Business Awards celebrate the exceptional achievements and contributions of companies that have made a profound impact on their industries and on society at large.

The Bank’s industry-leading franchise growth over the last 18 months, in both deposits and market expansion, unique operating model and commitment to principles of sound risk management ensured it stood out among its peers.

“We are honored to be named to Inc.’s Best in Business list. Founded by entrepreneurs for entrepreneurs, Customers Bank delivers the product suite of larger financial institutions with a level of service beyond what large banks can offer,” said Sam Sidhu, president and CEO of Customers Bank. “With ‘customer’ in our name and at the very heart of why we exist, we adhere to a unique operating model that is anchored around a single point of contact, a focused product offering and a culture of exceptional customer service.”

Inc.’s Best in Business list recognizes companies that, through exceptional execution, have achieved significant milestones and core business wins, like customer expansion, key product launches, increased market share, and industry-defining accomplishments. Companies from a wide range of industries – such as technology, health care, finance, and retail – have been recognized for their success and their positive influence on the business world. The full list can be found on Inc.com and in the upcoming winter print edition of Inc. magazine.

“For over 40 years Inc. has been committed to recognizing America’s most dynamic businesses and honoring the great work they do. These businesses have had a profound impact on their industries, solving important problems, and shaping the future of business in ways that will have lasting effects,” says Inc. editor-in-chief Mike Hofman.

Inc.’s Best in Business Awards are open to companies of all sizes and types, in all industries and locations. Public, private, nonprofit, subsidiary, U.S.-based, and international companies are all encouraged to apply. Inc. editors and reporters hand-review every application and select Best in Business honorees that, in each of the award categories, have had an outstanding influence on their communities, their industries, the environment, or society as a whole.

For more information or to see the complete list, please visit inc.com/best-in-business.

About Customers Bank

Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation’s top-performing banking companies with over $21 billion in assets, making it one of the 80 largest bank holding companies in the U.S. Customers Bank’s commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-class customer service distinguished by a Single Point of Contact approach. In addition to traditional lines such as C&I lending, commercial real estate lending and multifamily lending, Customers Bank also provides a number of national corporate banking services to specialized lending clients. Major accolades include:

  • No. 1 on American Banker 2024 list of top-performing banks with $10B to $50B in assets
  • No. 29 out of the 100 largest publicly traded banks in 2024 Forbes Best Banks list
  • No. 52 on Investor’s Business Daily 100 Best Stocks for 2023

A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender. Learn more: www.customersbank.com.

About Inc.

Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, digital, print, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

Jordan Baucum

VP, Corporate Communications

jbaucum@customersbank.com

Source: Customers Bancorp, Inc.

FAQ

What award did Customers Bank (CUBI) receive in 2024?

Customers Bank was named to Inc.'s 2024 Best in Business list in the Financial Services category.

What is Customers Bank's (CUBI) current asset size?

Customers Bank has over $21 billion in assets.

What areas of growth did Customers Bank (CUBI) show in the past 18 months?

Customers Bank showed significant franchise growth in both deposits and market expansion over the last 18 months.

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